Kingsmen Creatives Balance Sheet Health
Financial Health criteria checks 6/6
Kingsmen Creatives has a total shareholder equity of SGD106.4M and total debt of SGD21.8M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are SGD255.8M and SGD149.4M respectively. Kingsmen Creatives's EBIT is SGD2.2M making its interest coverage ratio 6.9. It has cash and short-term investments of SGD72.3M.
Key information
20.5%
Debt to equity ratio
S$21.81m
Debt
| Interest coverage ratio | 6.9x |
| Cash | S$72.35m |
| Equity | S$106.43m |
| Total liabilities | S$149.40m |
| Total assets | S$255.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMNC.F's short term assets (SGD208.4M) exceed its short term liabilities (SGD133.7M).
Long Term Liabilities: KMNC.F's short term assets (SGD208.4M) exceed its long term liabilities (SGD15.7M).
Debt to Equity History and Analysis
Debt Level: KMNC.F has more cash than its total debt.
Reducing Debt: KMNC.F's debt to equity ratio has reduced from 29.1% to 20.5% over the past 5 years.
Debt Coverage: KMNC.F's debt is well covered by operating cash flow (89.1%).
Interest Coverage: KMNC.F's interest payments on its debt are well covered by EBIT (6.9x coverage).